• ETF Analysts Predict SEC Could Reassess Spot Ether ETF Decision Due to Market Buzz

    On May 20, ETF analysts James Seyffart and Eric Balchunas raised their probability of the US Securities Exchange Commission (SEC) approving a spot Ether exchange-traded fund from 25% to 75%. This shift in their prediction is based on recent discussions...

  • Kraken Addresses Tether Delisting Rumors, Vows Compliance with EU Crypto Rules

    Cryptocurrency exchange Kraken has addressed ongoing rumors about potentially delisting Tether's stablecoin USDT in Europe ahead of new regulations. Kraken's Global Head of Asset Growth & Management, Mark Greenberg, emphasized that the exchange has no plans to stop supporting the...

  • Ripple vs. SEC Reaches Climax: Is Now the Time to Buy XRP?

    Ben Armstrong, popularly known as BitBoy Crypto, recently shared his perspectives on the potential outcomes of Ripple's ongoing legal battle with the SEC. He asserts that a resolution between Ripple and the SEC could significantly boost XRP’s value. Anticipation Builds...

  • French Regulator Issues Warning About Bybit Crypto Exchange

    On May 16, the French financial regulator, the Autorité des Marchés Financiers (AMF), reiterated its position that Bybit is blacklisted in France. It warned that the exchange is operating illegally in the country and has the authority to block its...

  • Hedge Funds Boost Alibaba Stake Amid Recovery in Chinese Tech Stocks

    The recently released 13Fs show that many hedge funds have increased their stake in Alibaba and other Chinese tech stocks. The move comes amid the slight recovery in this beaten-down asset class which fell out with several foreign investors, especially...

  • Egyptian Fintech Startup Raises $3.5M in Seed Funding Round

    Egyptian fintech startup Mnzl has secured $3.5 million in seed funding, which it plans to use to enhance its lending technology and expand its operations. Co-founder Sameh Saleh stated that the company aims to empower families by providing financial leverage...

  • Robinhood Unveils Its Inaugural Cryptocurrency Staking Service

    Robinhood has unveiled its first cryptocurrency staking service, now accessible to European users. Additionally, the company has rolled out several new features for its European clientele. "Robinhood Crypto customers can now stake their Solana (SOL) directly through the app, earning...

  • Millennium Management reveals $2 billion in Bitcoin ETF holdings

    Global asset manager Millennium Management revealed on May 16 that it holds about $2 billion in spot Bitcoin exchange-traded funds (ETFs), constituting about 3% of its $64 billion total funds under management. This disclosure shows the firm's substantial investment in...

  • Expert Warns of Challenges Ahead for Ethereum Spot ETF Amid SEC Scrutiny

    Author and finance lawyer Scott Johnsson weighed in on the US Securities and Exchange Commission's (SEC) potential verdict on spot Ether exchange-traded funds (ETFs). He highlighted that the US regulator might consider “Ethereum security status” when deciding on an approval...

  • Analysts Advice Caution as Meme Stock Trade Returns

    Meme stocks are back in action after a cryptic tweet from “Roaring Kitty” whose legal name is Keith Gill and is a former Massachusetts Mutual Life Insurance marketer. While the euphoria in meme stocks is reminiscent of 2021 where retail...